Top Stocks To Watch Before Budget Day: From Titan To Grasim; Charts Turn Bullish On 3 Stocks

Market players are preparing for more volatility, sectoral churn, and significant stock-specific movements as the Union Budget 2026 approaches. Experienced investors are aware that price action and technical structure typically indicate market intent well in advance, even if macro headlines and policy announcements typically dominate Budget Day discussions.

TITAN, GRSE, and GRASIM are three stocks that stand out ahead of the Budget, according to Hitesh Tailor, Technical Research Analyst at Choice Broking. These stocks are backed by strong long-term trends, sound volume patterns, and positive momentum signals.

Each of these names is currently trading above key moving averages and displaying constructive price behaviour, offering a favourable risk-reward setup for investors looking to capitalise on pre- and post-Budget market moves. With clearly defined entry levels, targets, and stop losses, these stocks present actionable opportunities amid rising Budget anticipation.

TITAN

Buy TITAN in Cash @3975.20 SL @3700 TGT @4500

TITAN is currently trading around Rs 3,975.20 and continues to exhibit a strong bullish structure in the longer-term trend, characterized by a consistent higher high-higher low formation, reflecting sustained strength and trend continuity.

Recently, the stock has delivered a decisive wider-range horizontal breakout, supported by healthy volumes, indicating strong institutional participation and confirming the validity of the breakout.

Post breakout, TITAN is undergoing a healthy retracement toward the breakout support zone, which is closely aligned with the 20-week EMA, highlighting a constructive pullback rather than a trend reversal. This price behavior suggests strong demand emerging at lower levels and reinforces the medium- to long-term bullish outlook.

On the weekly chart, the stock continues to trade comfortably above its 20-, 50-, 100-, and 200-week EMAs, all of which are sloping upward, underscoring the strength of the prevailing trend.

Momentum indicators further support the positive bias, with the RSI at 58.25 on the weekly chart, sustaining above its support zone and trending upward, signaling improving momentum without entering overbought territory. Based on technical parameters, investors may consider long positions near current levels, with dips offering accumulation opportunities up to Rs 3,850, targeting Rs 4,500, while maintaining a stop loss at Rs 3,700 to manage downside risk.

GRSE

Buy GRSE in Cash @2518.70 SL @2325 TGT @2900

GRSE is currently trading around Rs 2,518.70 and continues to maintain a positive long-term structure, characterized by a consistent higher high-higher low formation, which reflects an intact primary uptrend. Recently, the stock has witnessed a healthy retracement, during which it successfully took support near the 0.50 Fibonacci retracement level, aligned with the 50-week EMA.

This confluence support has acted as a strong demand zone, from where the stock is now moving higher, indicating renewed buying interest and strengthening bullish sentiment.
From a broader technical perspective, GRSE is trading firmly above its 20-, 50-, 100-, and 200-week EMAs on the weekly chart, all of which are positively aligned, underscoring the strength of the prevailing trend.

Momentum indicators also support the constructive outlook, with the RSI at 51 on the weekly chart, taking support near lower levels and turning upward, suggesting a gradual pickup in momentum without overbought conditions.

Based on these technical parameters, investors may consider long positions near current levels, with dips offering accumulation opportunities up to Rs 2,400. The stock has the potential to move toward a target of Rs 2,900, while maintaining a stop loss at Rs 2,325 to manage downside risk.

GRASIM

Buy GRASIM in Cash @2839.10 SL @2650 TGT @3225

GRASIM is currently trading around Rs 2,839.10 and continues to exhibit a positive long-term structure, characterized by a higher high-higher low formation, indicating that the primary uptrend remains intact. In the near term, the stock is consolidating in a sideways range formation, but importantly, this consolidation is occurring within a rising trend, supported by a consistently upward-sloping 50-week EMA, which is acting as a dynamic support and reflecting sustained institutional demand.

From a broader technical perspective, GRASIM is trading comfortably above its 20-, 50-, 100-, and 200-week EMAs on the weekly chart, all of which are positively aligned, reinforcing the strength of the prevailing trend. Momentum indicators remain constructive, with the RSI at 54.55 on the weekly chart, taking support near lower levels and stabilizing, which suggests improving momentum and a favorable risk-reward setup without signs of overbought conditions.

Based on technical parameters, investors may consider long positions near current levels, with dips offering accumulation opportunities up to Rs 2,725. The stock has the potential to move toward a target of Rs 3,225, while maintaining a stop loss at Rs 2,650 to manage downside risk.

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